Class society Korean Register (KR) has signed a Memorandum of Understanding (MOU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12,000 cbm liquefied CO2 (LCO2) carrier design.

As carbon capture, utilization and storage (CCUS) technologies become increasingly important in response to the global trend in decarbonization policies, the demand for LCO2 carriers to transport captured carbon dioxide by sea is expected to grow significantly, with many orders expected.

K Shipbuilding will lead the development and design optimization of a medium-pressure LCO2 carrier with a design pressure of 19 bar.

Sunbo Industries will pioneer the development of a cargo handling system and a fuel supply system.

In addition, Dongsung Finetec will undertake the development of LCO2 cargo tanks and LNG fuel tanks, and KR will verify the safety and suitability of the ship in accordance with the classification rules and international conventions, ultimately granting approval in principle of the design.

Class society Korean Register (KR) also announced today that it granted an approval in principle (AiP) for a 200K cbm class ultra-large ammonia carrier with ammonia fuel.

The vessel´s design, created by Samsung Heavy Industries, was unveiled at Gastech 2023 in Singapore on 6 September.

The carrier is a green ship designed to carry large quantities of ammonia, using the cargo as fuel, and has zero carbon dioxide emissions during operation.

Samsung Heavy Industries (SHI) carried out the conceptual design of the fuel system and the basic design of the vessel, taking into account ammonia’s unique characteristics.

The basic design was completed to meet classification rules, as KR notes, to ensure the safety of the enlarged tank and hull.

Class society Korean Register (KR) verified the safety of the ammonia fuel system and supported the optimization of the tank and hull structure.

It also verified the design suitability of the ultra-large ammonia carrier by reviewing domestic and international regulations.